Pages:
Author

Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 66. (Read 74106 times)

legendary
Activity: 3444
Merit: 1061
I'm struggling to understand the compatibility of the MimbleWimble backbone + unlimited supply:

For a potential "everyday use" cryptocurrency that dominates the global economy, I think some rate of inflation/emission is 100% necessary.

But I don't think Grin is trying to be that with the way everything else is situated. The elimination of denominations and addresses makes this currency fundamentally difficult to interact with. I also think an inherently private coin would be incompatible with the role of worldwide day-to-day use.

I don't see any other situation for Grin or any crypto where unlimited supply is a good thing to have. What's the justification?

regarding being unlimited...

compare it to gold, technically you can claim gold is limited but thousands of years back and today we are still mining it, in the future we still are going to mine it, although limited it feels like it is unlimited. we may even mine it outside the earth in the future if we go inter stellar/inter planetary.

if we say that we will mine gold in the whole universe, or just say in our galaxy..what would we say? "that's unlimited"

well we haven't even explored the earth's crust or the earth's mantle and scour the ocean floors for gold mining.
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
I put together an updated video guide showcasing the faster GRIN miner on Windows & Linux (smOS) for Nvidia & AMD + How to Buy & Sell GRIN + How to turn your mined GRIN into BTC (if desired)
https://www.youtube.com/watch?v=c2qDOF-4M5Q


I also put together an updated written guide on How To Mine Grin Coin on Windows & Linux (smOS) + BST GRIN


good job ,i really happy done successfully by your viedo ,thanks!
thank you Cheesy
newbie
Activity: 17
Merit: 0
I put together an updated video guide showcasing the faster GRIN miner on Windows & Linux (smOS) for Nvidia & AMD + How to Buy & Sell GRIN + How to turn your mined GRIN into BTC (if desired)
https://www.youtube.com/watch?v=c2qDOF-4M5Q
https://i.imgur.com/pmQaQNRm.jpg

I also put together an updated written guide on How To Mine Grin Coin on Windows & Linux (smOS) + BST GRIN
https://i.imgur.com/FryV5ZOl.gif

good job ,i really happy done successfully by your viedo ,thanks!
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
I put together an updated video guide showcasing the faster GRIN miner on Windows & Linux (smOS) for Nvidia & AMD + How to Buy & Sell GRIN + How to turn your mined GRIN into BTC (if desired)
https://www.youtube.com/watch?v=c2qDOF-4M5Q


I also put together an updated written guide on How To Mine Grin Coin on Windows & Linux (smOS) + BST GRIN
legendary
Activity: 3654
Merit: 8909
https://bpip.org
This projects sems to be shilled far too much in my opinion. Normally I'm giving out the benefit of doubt to every project and see how it proceeds but it's really difficult to projects this onto Grin. The inflation issue is a really huge thing if you compare it to other crypto solutions. A main part of Bitcoin was limited supply - which Grin is the exactly opposite.
Additionally, I didn't see such a weak ANN presentation. The design standards have fairly improved the last years. Even if OP has no high rank (and is obviously not getting into a better one soon) tha ANN in the most important crypto forum coud be designed much better.
And finally: I don't know why this forum supports altcoins while having the option of getting involved in much better altcoins that are actually approved.

Approved by whom?

It's a good thing that Grin is "shilled" because of its cool tech, and not because of a glitzy ANN with fake team pictures posted by a purchased account. Read the links in the OP.
member
Activity: 330
Merit: 23
This project seems to be shilled far too much in my opinion. Normally I'm giving out the benefit of doubt to every project and see how it proceeds but it's really difficult to project this onto Grin. The inflation issue is a really huge thing if you compare it to other crypto solutions. A main part of Bitcoin was limited supply - which Grin is the exactly opposite.
Additionally, I didn't see such a weak ANN presentation. The design standards have fairly improved the last years. Even if OP has no high rank (and is obviously not getting into a better one soon) the ANN in the most important crypto forum could be designed much better.
And finally: I don't know why this forum supports altcoins while having the option of getting involved in much better altcoins that are actually approved.
hero member
Activity: 2338
Merit: 757
Top-tier crypto casino and sportsbook
I heard about Grin and MimbleWimble recently, i think it's something different from what we used to know about elements in a blockchain like addresses and recorded transactions. How to try with transactions in the Grinnet and did the mainnet lunched as sheduled to the 15 January?
legendary
Activity: 1652
Merit: 4393
Be a bank
I'm here because this is something real. It's not a get rich quick hype coin. It's real, new, innovative technology.
Is that what brought you back to the forum just now, or is it coincidence? And did you go on hiatus because of the get-rich-quickism?

This project sounds interesting. Thinking of investing few BTC into this.

Only thing is I saw this on explorer:
(Fork detected! We've detected two competing chains, forked at Block 10148. Stay wary!)

Does this mean a Grin Gold is coming?  or anything of that nature?
It is v interesting, but from an investment pov it might be better to bitcoin-cost-average into it slowly rather than all at once.

Nothing like that yet. Chains fork and resolve all the time
copper member
Activity: 53
Merit: 11
🐦
This project sounds interesting. Thinking of investing few BTC into this.

Only thing is I saw this on explorer:
(Fork detected! We've detected two competing chains, forked at Block 10148. Stay wary!)

Does this mean a Grin Gold is coming?  or anything of that nature?
legendary
Activity: 1722
Merit: 1217
I'm struggling to understand the compatibility of the MimbleWimble backbone + unlimited supply:

For a potential "everyday use" cryptocurrency that dominates the global economy, I think some rate of inflation/emission is 100% necessary.

But I don't think Grin is trying to be that with the way everything else is situated. The elimination of denominations and addresses makes this currency fundamentally difficult to interact with. I also think an inherently private coin would be incompatible with the role of worldwide day-to-day use.

I don't see any other situation for Grin or any crypto where unlimited supply is a good thing to have. What's the justification?

I don't think they want people to speculate and hoard this currency. I think they want to avoid the criticisms of bitcoin being all held in massive amounts by early adopters. They want it to be for spending and pricing, for real world use. It probably will be more stable than other cryptos in a few years. Perhaps just gradually decreasing in value a little bit every year for the foreseeable future.

As for it being too hard to use, well yes it certainly is right now, but I mean



Of course it's going to be rough. There is no reason why it can't progress in an ever more user friendly direction from here moving forward. It could be pretty easy. Imagine if grin in the future had a built in DHT. There would be no need to configure anything, as long as your wallet was running it could receive. And a company that owed you payment could ping you every few minutes for as long as it took at trivial cost. And the ability to send funds through email could actually be really convenient when it's not so rough around the edges. I'm thinking drag and drop from email or other source into the wallet and done.

We will see. I'm here because this is something real. It's not a get rich quick hype coin. It's real, new, innovative technology. We only see that every few years in this space if we are lucky. I will always come back to be a part of it every time it turns up. And I expect I will see a lot of the cool familiar faces here or elsewhere when I do, time and time again.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Thanks, Yeah I did with the +random value.  Tried twice and both times didn't receive the email. I didn't see a way to open a support ticket so I emailed [email protected]. Have you tried both email and http methods?

I have successfully withdrawn from grinmint using e-mail. Not gonna try the http option as it sounds woefully unsafe. Perhaps your e-mail provider doesn't understand the "+" in the address?

But I don't think Grin is trying to be that with the way everything else is situated. The elimination of denominations and addresses makes this currency fundamentally difficult to interact with. I also think an inherently private coin would be incompatible with the role of worldwide day-to-day use.

In a cash transaction you also don't particularly care about person's identity or anything like that. You just hand them cash and they take it.

I think eventually there will be tools built to overcome some of the inconvenience, with varying degrees of sacrifice needed in terms of privacy etc.
legendary
Activity: 1526
Merit: 1034
I'm struggling to understand the compatibility of the MimbleWimble backbone + unlimited supply:

For a potential "everyday use" cryptocurrency that dominates the global economy, I think some rate of inflation/emission is 100% necessary.

But I don't think Grin is trying to be that with the way everything else is situated. The elimination of denominations and addresses makes this currency fundamentally difficult to interact with. I also think an inherently private coin would be incompatible with the role of worldwide day-to-day use.

I don't see any other situation for Grin or any crypto where unlimited supply is a good thing to have. What's the justification?
legendary
Activity: 1722
Merit: 1217
Fuck this thread

I came late. What's bob on about?
newbie
Activity: 131
Merit: 0
Hey guys
Mining on grinmint - is it possible to payout to a grinbox address?  Right now only seeing http and email (which for some reason I'm not receiving).  Thanks



Grin does not have "addresses." Did you open the account with the +random value added to the e-mail? You may have to open a support ticket with the pool if you are not getting the e-mail with the tx file.



Thanks, Yeah I did with the +random value.  Tried twice and both times didn't receive the email. I didn't see a way to open a support ticket so I emailed [email protected]. Have you tried both email and http methods?
jr. member
Activity: 54
Merit: 2


Does that png say bitforex cannot be withdrawn from? I withdrew from them yesterday

Or are you saying that GRIN cannot be withdrawn from the exchange? Either way its a bit confusing.

I have no withdrawal button on Bitforex. I read here that it will be enabled tomorrow

Yep no withdraw button for me either
legendary
Activity: 1806
Merit: 1828
Hey guys
Mining on grinmint - is it possible to payout to a grinbox address?  Right now only seeing http and email (which for some reason I'm not receiving).  Thanks



Grin does not have "addresses." Did you open the account with the +random value added to the e-mail? You may have to open a support ticket with the pool if you are not getting the e-mail with the tx file.

newbie
Activity: 131
Merit: 0
Hey guys
Mining on grinmint - is it possible to payout to a grinbox address?  Right now only seeing http and email (which for some reason I'm not receiving).  Thanks

newbie
Activity: 27
Merit: 0
Thanks to community member if you will answer of my above questions ?

Here is a wild and crazy idea.

Why don't you try it out, and report back on your results.

What say you ?

EDIT: And just so I don't look like a hypocrite.

Single 1080ti. +10% memory overclock. Fans set to high.

Stats at f2pool since I started mining there a couple days ago.

2 1080 Ti and 4 1070 with 125 on the core, 300 on memory (except one bad 1070) and 200W/120W for 1080 Ti/1070, in case it helps anyone.
https://imgur.com/a/mI41DqF
legendary
Activity: 3654
Merit: 8909
https://bpip.org
- If you send a transaction but the process is interrupted before you finalize it, you need to do grin wallet cancel -t TXID and then (due to a bug which will probably eventually be fixed) grin wallet check

Thanks, I haven't tried cancellations yet, will do that before engaging with strangers.

Fuck this thread, and fuck f2pool for their shitty 5 GRIN payout minimum.

Having said that, https://www.bminer.me/releases/ just released 13.0 that improves performance ~30% on my 1080ti.

Someone get me off this shitty ride at f2pool already...

v13 much improved on a regular 1080 (non Ti) as well. Thanks for the heads up.
administrator
Activity: 5222
Merit: 13032
let's say I create a TX file to send to you. Then for whatever reason you fail to create a response file for me to finalize and you accuse me that my TX file was bad. Is there a way for a third party to verify that?

It should be possible if you publish the tx data, but currently there seems to be no functionality for this. This was one of my complaints in my forum-grin-payments thread.

For now:
 - If someone might lie about receiving grin from you, don't trade with them.
 - If you receive a transaction, consider it as absolutely unreliable until it's confirmed.
 - If you send a transaction but the process is interrupted before you finalize it, you need to do grin wallet cancel -t TXID and then (due to a bug which will probably eventually be fixed) grin wallet check
Pages:
Jump to: